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Alger 35 ETF (ATFV)

ETF · Currency in USD · Last updated Jan 28, 2023

ATFV is a passive ETF by Alger Group Holdings LLC tracking the investment results of the S&P 500. ATFV launched on May 4, 2021 and has a 0.55% expense ratio.

ETF Info

ISINUS0155642061
CUSIP015564206
IssuerAlger Group Holdings LLC
Inception DateMay 4, 2021
RegionGlobal (Broad)
CategoryLarge Cap Growth Equities
Expense Ratio0.55%
Index TrackedS&P 500
ETF Home Pagewww.alger.com
Asset ClassEquity

Trading Data

Previous Close$14.53
Year Range$12.70 - $18.61
EMA (50)$13.60
EMA (200)$14.70
Average Volume$198.90

ATFVShare Price Chart


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ATFVPerformance

The chart shows the growth of $10,000 invested in Alger 35 ETF in May 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $7,271 for a total return of roughly -27.29%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%5.00%SeptemberOctoberNovemberDecember2023
-6.51%
-1.16%
ATFV (Alger 35 ETF)
Benchmark (^GSPC)

ATFVCompare to other instruments

Search for stocks, ETFs, and funds to compare with ATFV

Alger 35 ETF

ATFVReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD11.33%6.02%
1M12.85%6.30%
6M-4.85%-0.05%
1Y-15.39%-6.42%
5Y-16.75%-1.69%
10Y-16.75%-1.69%

ATFVMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-10.73%-0.93%0.43%-15.24%-2.14%-6.23%10.50%-3.88%-12.00%5.09%-0.98%-4.72%
2021-0.97%7.17%0.41%3.84%-5.06%7.51%-7.17%-2.71%

ATFVSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Alger 35 ETF Sharpe ratio is -0.48. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.40-1.20-1.00-0.80-0.60-0.40-0.20SeptemberOctoberNovemberDecember2023
-0.48
-0.27
ATFV (Alger 35 ETF)
Benchmark (^GSPC)

ATFVDividend History

Alger 35 ETF granted a 0.05% dividend yield in the last twelve months. The annual payout for that period amounted to $0.01 per share.


PeriodTTM2022
Dividend$0.01$0.01

Dividend yield

0.05%0.06%

ATFVMonthly Dividends

The table displays the monthly dividend distributions for Alger 35 ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2022$0.01

ATFVDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember2023
-37.43%
-15.14%
ATFV (Alger 35 ETF)
Benchmark (^GSPC)

ATFVWorst Drawdowns

The table below shows the maximum drawdowns of the Alger 35 ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Alger 35 ETF is 45.34%, recorded on Dec 28, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-45.34%Nov 9, 2021286Dec 28, 2022
-8.57%May 4, 20217May 12, 202118Jun 8, 202125
-8.42%Sep 13, 202116Oct 4, 202111Oct 19, 202127
-4.65%Jul 7, 20219Jul 19, 20214Jul 23, 202113
-4.52%Jul 26, 202119Aug 19, 20216Aug 27, 202125
-1.39%Oct 20, 20213Oct 22, 20214Oct 28, 20217
-1.19%Jun 15, 20212Jun 16, 20211Jun 17, 20213
-0.54%Sep 7, 20212Sep 8, 20211Sep 9, 20213
-0.46%Jun 25, 20211Jun 25, 20211Jun 28, 20212
-0.45%Jun 30, 20211Jun 30, 20212Jul 2, 20213

ATFVVolatility Chart

Current Alger 35 ETF volatility is 18.73%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%SeptemberOctoberNovemberDecember2023
18.73%
16.76%
ATFV (Alger 35 ETF)
Benchmark (^GSPC)